Plurilock Security Inc. (TSX-V:PLUR) said it has expanded a contract for its flagship software platform with an overseas mortgage lender.
The customer initially signed a sale order with Plurilock to subscribe to the enterprise plan for the cloud security functionality of the Plurilock platform, as previously announced in December 2022.
Under the contract expansion, the customer will purchase additional user licenses for its platform, increasing the total number of users to 2,260.
“The contract expansion highlights our commitment to grow our existing business relationships,” said Ian L Paterson, CEO of Plurilock in a statement.
READ: Plurilock Security inks three-year contract renewal for its flagship software platform with leading financial services provider based in India
“The overseas customer has an extensive network of branches and employees across the country and requires advanced zero-trust cloud solutions to protect its large database,” he added.
Plurilock offers world-class IT and cybersecurity solutions through its Solutions Division, paired with proprietary, AI-driven and cloud-friendly security through its Technology Division.
Contact the author at jon.hopkins@proactiveinvestors.com